Wizz Air shares rise on new medium-term financial targets, upgraded revenue outlook
** Shares of European budget carrier Wizz Air WIZZ.L up 2.4% at 972.1p
** The airline sets out medium-term financial targets of achieving €10 billion ($11.47 billion) in revenue and a 10% EBIT margin by fiscal year 2030
** Co upgrades its Q2 RASK outlook to flat year-on-year from a prior forecast of low-single-digit decline
** However, it trims its originally planned capacity for H2 by 5%, due to Iran war volatatlity
** As of last close, WIZZ down ~25.4% YTD